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Hagerstown, MD Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hagerstown, MD. Based on 50+ datapoints.

Hagerstown, MD Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-9.4%

Median Cashflow

-$634/mo

Avg Rent Estimate

$2,143/mo

Avg Price

$363,220

Price Range

$207,600 - $554,900

Rent to Price

0.59%

low ratio

Positive Cashflow

4%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Hagerstown, MD

Hagerstown, MD is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 50+ analyzed properties, the median monthly cashflow in Hagerstown, MD is -$634 with average rents of $2,143/month. Properties range from $207,600 to $554,900, offering entry points across multiple investment budgets.

1110 Sherman Ave, Hagerstown, MD 21740

Price

$381,000

Rent

$2,033

CachFlow

-$925

CoC

-13.87

Full Analysis

18820 Rolling Rd, Hagerstown, MD 21742

Price

$399,900

Rent

$2,025

CachFlow

-$860

CoC

-12.29

Full Analysis

10408 Bear Creek Dr, Hagerstown, MD 21740

Price

$345,600

Rent

$1,945

CachFlow

-$650

CoC

-10.75

Full Analysis

18309 Woodside Dr, Hagerstown, MD 21740

Price

$400,000

Rent

$1,916

CachFlow

-$1,020

CoC

-14.57

Full Analysis

9910 Roulette Dr, Hagerstown, MD 21740

Price

$404,400

Rent

$2,457

CachFlow

-$624

CoC

-8.82

Full Analysis
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Hagerstown, MD Rental Market Insights

  • Median cashflow is -$634/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 4% positive cashflow rate, Hagerstown, MD requires selective property picks
  • Mid-to-upper tier market with properties from $207,600 to $554,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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